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Pretzel, Are you sending signals from Wealthlab to IB or from Tradestation? Runnningbear

No so. 72 years ago just before the great depression most stocks had P/E ratios worse than the S&P stocks today. Margin trading and speculation was rampant. Markets inevitably go through periods of excess, and eventually return to the mean. But seeming disconnections can take place that last for...

Have a look at this http://www.thinkgeek.com/stuff/computing/5a98.shtml Runningbear

Life is a zero sum game. For me to acquire money it has to come from someone else. Runningbear

Only five 5% of traders are really successful because they have natural ability that far exceeds the other 95%. Beyond, money management and discipline are other factors. Some people have very high spacial IQs. They can find collecting patterns in visual data much better than the average...

www.lowrisk.com Runningbear

Just looking at the color stochs indicator for esignal. It looks to me as if going short on three consecutive red bars and long on 3 consecutive blue bars, also offers some nice entry signals. What does everyone else think? Runningbear

I use a stop and reverse as one element of my swing strategy. In the first 24 hours of taking a new long or new short position, the market is most likely to show you a head fake. The trend appears to have reversed and then continues in the primary direction again. When the market does this...

At the very bottom of low of the market during the depression, PE ratios where actually very high, not low. Most companies were still losing money when the index hit rock bottom. Waiting for a return to low p/es may be a mistake if you want to pick bottoms. Other techniques may be more...

Performance of some stocks will always rock. And in 25 years time you still won't be able to accurately pick those that will. Stocks are like people. Some with heaps of potential go nowhere. And some with only a little potential end up going all the way. Regardless of ability, luck will...

GG, You talk about walking away from trading like its a bad thing. For you at present it is the best thing you can do. At the moment you're like the champion golfer who just lost his swing. Everytime you try and correct your swing you end up supercompensating and everything feels and...

You are obviously buying strength to get into the market. Enter a limit order two points back from the last trade with your stop a bit back from that. Often the market will pullback get you in, then take off in the primary direction. You will get into a lot less trades, but that may not be a...

Here today. Gann tomorrow. Runningbear

Yeah today was the bottom, just like every other day for the last two years. Runningbear

US goes to war with Iraq, sparking a middle east contagion. 500,000 Americans are killed in the ground war. Saddam with nothing to lose launches a nuclear attack on Tel Aviv. America destroys Iraq with a counter nuclear attack oil rises 300%. Gold becomes the only safe haven...

With the ever shrinking NASDAQ, it makes since to reduce the profit target, as a 2.5 profit target will represent a larger percentage in a few months tim than it does now. When the index reaches 500, you'll propably need to adjust your profit target downwards again. When the index finally...

I believe you can run wealth-lab off esignal data and create an API that sends signals from wealth lab to IB to execute trades. At Metoxx and Nitro said though, you will still need to watch to make sure nothing goes wrong. Which it will. Runningbear.

I really doubt there are any traders out there making 20 points everyday. Sure there are plenty that will occasionally make twenty in a day, but not every day. 20 a day is 500% a year unleveraged. And probably over 2000% with compounding. Which I simply do not think is possible. I know for a...

Quah has created a system where the average drawdown rarely exceeds 20 minutes. Runningbear

Leave you computer running Runningbear